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Oct. 21, 2003

Facilities - BHPB Boris: Discovery to Production in 15 Months

Wyndham Greenspoint

Description

BHP Billiton discovered the Boris field in November 2001. Located approximately six miles southeast of the ChevronTexaco-operated Typhoon SeaStar TLP (in which BHPB holds a 50% working interest), Boris is BHPB’s first operated project in the deepwater Gulf of Mexico. Being the first, however, didn’t stop BHPB from setting some very aggressive targets for this 6-mile subsea tieback. The first well came online in February 2003 – just 15 months after discovery of the field. The second well in the system is scheduled for first production in early September 2003. By maximizing utilization of the existing Typhoon infrastructure, Boris 1 & 2 are in a position to contribute significantly to the asset value of the Typhoon mini-basin.

This presentation will provide an overview of the Boris project from Discovery to First Oil. Topics addressed will include field development strategy, project execution, subsea equipment design, flow assurance, and installation and startup challenges.

We highly recommend advance registration, as walk-ins are not guaranteed admittance to the lunch. If you do not feel comfortable with online registration, you can fax or call in your registration [See Attachment] to the SPE GCS office, . Seats reserved for Pre-registered attendees who have not paid prior to the meeting, will be released 15 minutes prior to lunch (if your seat is released and used you will not be charged for the no-show).